Description

Many low-income mineral-exporting countries have seen their per capita income decline or their standards of living stagnate over the last several decades. Is it possible, contrary to natural expectations, that domestic mineral wealth actually retards development and growth? Lectures by leading scholars identify factors that lie behind the negative performance and offer specific policy guidance to help make mineral wealth an engine for economic development.show more

Table of contents

Preface
Mineral Wealth and Economic Development: An Overview
John E. Tilton
Mining Companies, Economic Nationalism, and Third World Development in the 1990s
Theodore H. Moran
Economic Development and the Timing of Mineral Exploration
Marian Radetzki
The Political Economy of Rent in Mining Countries
Olivier Bomsel
Economic Policy in Mineral-Exporting Countries: What Have We Learned?
Philip Danielshow more